If tron will respect those resistance line above. expect them to fall and go up and down the small channel or even the bigger channel on long term. If tron will break out from those lines above, maybe it will continue to go up and retrace. Also depends on BTC. If breaking out doesn't resume , then it could be a false break out. Watch out for other indicators too. It's scary to buy any alts at the moment as we are near resistance. But if you have bought some at a lower price, still wait and see for a break out but be ready to cut loss also if it respected resistance
Note
tron broke my resistance line of .026461, had a false break out and went down again.Note
oh. the .024108 and currently respecting .023338Note
Tron respected the upper bigger trendline
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.